Friday’s analyst upgrades and downgrades

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Friday’s analyst upgrades and downgrades
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Inside the Market’s roundup of some of today’s key analyst actions

In a research report released Friday, he initiated coverage of the Vancouver-based company with an “outperform” recommendation, touting its connection to the Lundin Group, which owns 36 per cent of shares, and its first-mover advantage in the exploration of the Vicuña District, which he calls “a rapidly emerging world-class mining region that hosts some of the largest copper-gold discoveries in the Andes.

In justifying his bullish stance, the analyst also pointed to Los Helados, a copper-gold project in Chile’s Region II, as “an attractive M&A development opportunity to integrate with Caserones” and “supportive market dynamics as NGEx gains more attention through an addition to the S&P/TSX Composite Index in December, closing of the Filo Corp. acquisition and redeployment of up to $2.

“Given BRP’s recent negative share price performance , we have received an increased volume of inbound calls from investors asking about the level at which we could see support building,” said Mr. Poirier. “For some context, BRP is currently trading at 12 times FY26 EPS consensus of $5.72— however, as we mentioned ... this number is not fully representative of market expectations due to unrevised estimates and noise from the Marine divestiture.

He also touted the potential gains from the implementation of its Shrewd operational management platform. “Led by an experienced management team with significant insider ownership , we believe Vitalhub is on track to be a star performer on a larger stage, as it continues to execute well on its high growth and profitable roll-up strategy,” he said.

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